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VinFast Auto Ltd.

VinFast Auto Ltd.VFSEarnings & Financial Report

Nasdaq · automotive industry

VinFast Auto Ltd. is a Vietnamese multinational automotive company founded by Vingroup, one of the largest private conglomerates in Vietnam that was founded by Phạm Nhật Vượng.

VFS Q4 2023 Key Financial Metrics

Revenue

$436.5M

Gross Profit

$-174.9M

Operating Profit

$-458.2M

Net Profit

$-650.1M

Gross Margin

-40.1%

Operating Margin

-105.0%

Net Margin

-148.9%

YoY Growth

N/A

Financial Flow

VinFast Auto Ltd. Q4 2023 Financial Summary

VinFast Auto Ltd. reported revenue of $436.5M for Q4 2023, with a net profit of $-650.1M (-148.9% margin). Cost of goods sold was $611.4M, operating expenses totaled $283.3M.

Key Financial Metrics

Total Revenue$436.5M
Net Profit$-650.1M
Gross Margin-40.1%
Operating Margin-105.0%
Report PeriodQ4 2023

Income Statement

Q3 2023Q4 2023
Revenue$342.7M$436.5M
YoY GrowthN/AN/A

Balance Sheet

Q3 2023Q4 2023
AssetsN/A$5.50B
LiabilitiesN/AN/A
EquityN/A$-6.01B

Cash Flow

No data available for this period